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EURUSD extended pullback on early Wednesday, following nearly 0.5% drop on Tuesday, but fresh bears were so far limited despite initial negative signal on formation of bearish engulfing pattern on daily chart. Initial Fibo support at 1.1690 (23.6% of 1.1391/1.1780) reinforced by 10DMA provides solid support which contained today’s dips. Technical picture on daily chart […]

The post EUR/USD: Larger Bulls Remain in Play Ahead of Key Economic Events appeared first on Action Forex.

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